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Reply #14: Principal residence is a claim you make when you claim homestead exception [View All]

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-08-08 12:42 AM
Response to Reply #13
14. Principal residence is a claim you make when you claim homestead exception
it however does not mean you have to be a resident of the state where your principal residence is, nor do you ever have to spend one night in it. You just can not accept payment from someone else for living in it, ie rent, or claim it anywhere else. You are a resident of where you abode, or if you are temporally away from where you abode you are still a resident of where you plan to continue to abode.


You don't have to live in your principal residence, it is simply your principal residence because you say it is and because you are going to claim homestead exemption on it, this is pretty common. I'm a resident of Louisiana but I claim homestead on the house I live in in Texas.
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